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Campbell Candy Corporation desires a 15% return on investment (ROI) on all operations. The following information was available for the company for the current year:
Campbell Candy Corporation desires a 15% return on investment (ROI) on all operations. The following information was available for the company for the current year: Sales $ 27,000 Operating income $ 5,300 Turnover 0.5 What is the corporation's ROI? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
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19.63%
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11.65%
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9.81%
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Impossible to determine from the information given.
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